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King County housing report exposes $3.96B hole; no massive taxes planned

(The Center Square) – A recent study on King County’s affordable housing needs identified a $3.96 billion annual funding gap that would require the average county homeowner to contribute an

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According to a report commissioned by the King County Metropolitan Conference and conducted by the research firm ECOnorthwest, King County needs to raise approximately $4 billion annually to build affordable housing. The county is far short of the funds needed to achieve this goal. The report states that more than half of the housing must be affordable to residents earning at least 80% of the area median income (which is $84,850 per year for a s…

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The Center Square broke the news in United States on Tuesday, October 28, 2025.
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